Remsons Industries, a manufacturer of automotive OEM components, has reported a 33% increase in net profit for the December quarter, reaching ₹4 crore compared to ₹3 crore in the same period last year. This growth was driven by strong sales of value-added products and better export realizations.
The company’s revenue also grew by 26%, reaching ₹103 crore, up from ₹82 crore in the previous year. EBITDA surged 50% to ₹12 crore, up from ₹8 crore in the corresponding quarter last year.
Krishna Kejriwal, Managing Director of Remsons Industries, stated that the company has achieved its highest-ever revenue growth, with healthy margins further enhancing its financial position. This strong performance supports the company’s goal of reaching ₹900-₹1,000 crore in revenue by FY29.
The company’s focus on high-value products, operational efficiencies, and strong export revenues has been key to its profitability. Moving forward, Remsons is confident in maintaining its growth trajectory and long-term success.
Kejriwal emphasized that the company will continue strengthening its business model, advancing up the value chain, and pursuing sustained growth by diversifying its product range, including further expansion into the Railways sector.
Remsons Industries is a prominent Indian manufacturer known for producing a wide range of products across multiple industries, including automotive, electrical, and industrial sectors. The company specializes in the design and manufacture of high-quality components such as switches, relays, wiring harnesses, and other electrical parts.
With a focus on innovation and precision engineering, Remsons has built a reputation for delivering reliable and durable products. Over the years, the company has expanded its footprint both in the domestic and international markets, catering to a diverse set of customers, from automotive giants to small-scale manufacturers. Remsons Industries places a strong emphasis on quality control and customer satisfaction, which has helped it maintain long-standing partnerships with key clients across various industries.
